Life isn’t always as simple as we’d like it to be. Some things take us by surprise and those surprises can cost money.
That's why you have the flexibility to
If you reduce or stop your contributions, it’ll affect how much money you eventually have and you’ll still pay charges.
For more information on charges and costs, please read your Key Features Document in the 'Applying for an AVC plan' section of this site.
Depending on pension allowance limits, you can pay in up to 100% of your pensionable pay each month after deductions such as National Insurance and your main LGPS contributions are taken.
There's no minimum contribution amount.
AVCs could be just the thing to provide you with extra in retirement.
Building up your AVC pot could be easier than you think.
When it comes to choosing where to invest your AVCs, there's no need to feel overwhelmed.
You have a number of options for taking your money.
Prudential is an appointed AVC provider to 72 of 99 Administering Authorities within the LGPS.